TRADE MIX4 (%) LOT ONE SHOPPERS' MALL Lot One Shoppers’ Mall is in the heart of the Choa Chu Kang housing estate, located in the north-western region of Singapore. The mall is well connected by major arterial roads and is next to the Choa Chu Kang MRT station, the light rail transit (LRT) station and a bus interchange. It enjoys a large catchment, comprising residents from the precincts of Choa Chu Kang, Bukit Panjang, Bukit Batok and Upper Bukit Timah, as well as uniformed personnel from military camps in the vicinity and students from nearby schools. LEASE EXPIRY PROFILE4 (%) 2024 22.2 2025 29.8 2026 30.3 2027 9.8 2028 2029 and beyond 2.9 5.0 Property Information Address 21 Choa Chu Kang Avenue 4 Land Tenure Leasehold tenure of 99 years with effect from 1 December 1993 Purchase Price in 2007 S$243.8 million Carpark Lots 318 Bicycle Lots - Green Rating BCA Green Mark Gold Top 5 Tenants3 1 NTUC Enterprise Co-Operative Ltd 2 Breadtalk Group Limited 3 Courts (Singapore) Pte. Ltd. 4 Shaw Theatres Pte Ltd 5 Japan Foods Holding Ltd. As at 31 December 2022 2023 Valuation (S$ million) 551.0 558.0 Gross Floor Area (sq ft) 333,286 333,286 Net Lettable Area1 (sq ft) 224,998 226,963 Number of Tenants 145 144 Committed Occupancy (%) 100 100 Annual Shopper Traffic (million) 14.0 16.3 Gross Revenue2 (S$ million) 44.1 45.2 Food & Beverage 34.5 Beauty & Health 18.6 Services 9.4 Fashion 6.8 Supermarket 5.1 Leisure & Entertainment/ Music & Video 4.8 Gifts & Souvenirs/ Toys & Hobbies/ Books & Stationery/ Sporting Goods 4.2 Education 4.1 Electrical & Electronics 3.7 IT & Telecommunications 3.2 Jewellery & Watches 2.2 Home Furnishing 1.3 Shoes & Bags 1.3 Department Store 0.8 1 Includes CSFS area. 2 Gross revenue comprises GRI, car park income and other income for the respective financial year. 3 Based on GRI for the month of December 2023 and excludes gross turnover rent. 4 As at 31 December 2023, based on committed GRI and excludes gross turnover rent. Overview Leadership Performance Framework Other Information ANNUAL REPORT 2023 71
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